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, there is nothing positive, the environment, like the stock market, you have an environment that is positive. it goes up. so much is based on psychology. the environment in the business world is not positive. the environment that comes out of washington is all negative. and, i can't say we make decisions based upon tax codes. in our business, we're in a business of opportunity. i say we have three under construction because this environment creates opportunities. if you have some cash. landlords are willing to take a lesser rent if you will. employment is available because people aren't working. there are, out of the nonworking a bunch of that really do want to work and kacht find jobs. i can't say everybody that doesn't work wants to work. those opportunities present themselves we move forward. >> president will say he has cut taxes for small businesses. i what do you say to that? >> absolutely not. he can say whatever he wants to say. it is all very, patronizing the electorate. lauren: yeah. >> unfortunately this election on both sides very honestly there is a lot of credibility gaps. i wo
, a few pennies better. that is $100 a year. operating earnings from the s&p in an environment where the long-term u.s. government reference riskless rate is under 2%. that is a bargain. melissa: i was interested to see the latest trading volumes. you are talking about the average investor walking away. in august, it was down 37%. that is year over year. that is compared to last august. when we see that the markets are up 9% for the year, i wonder if the individual investor is walking away from returns? >> i think so, melissa. the investing class is still undergoing dramatic shock and recovery from it. that is why all of these bond flows continue to go into funds and those fund managers have to go by treasuries at 1.6-1.7 because they have to do something to put it to work. if you believe that interest rates are going to be low for a number of years, and i do, i believe bernanke will do what he says, then stock prices are headed higher. maybe much higher. lori: isn't it a problem then that the fed is manipulating the stock market? therefore, do you have to be a little bit cautious th
of sights. this show their homes are no longer imploding. is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting away if that is the case that probably both start to change using their wallets, election day. neil: when you look at the data and the market, if the market is 04 licking mechanism in the market, it can be all over the map. it has been the president's trend, an october surprise or cause pause? in other words, there would just but barring that. president dodges a financial bullet. >> one could argue that the stock market is -- has been artificially propped up by the fed's money printing measures. when the market looks today they look at earnings, we're
can be. liz: how do you deal with the low interest-rate environment or refinancing loans and losing a couple basis points on every loan? >> it is true this extended low-interest rate environment is not favorable to bank earnings. liz: ben bernanke ordeal with it? >> i can also understand his position that stimulus hit the economy. it is good for bar worse to have low interest rates and now we have lower rates from short to long it is easier to borrow or give people reasons to borrow so last time we checked we made money when people borrow loans. it is good for us but it does shrink the spread on our loans. that is why you have to be cost-effective, acquiring good clients and looking at how to generate more business. liz: they expects fourth quarter loan growth? >> as we have talked about it we continue to see among our commercial clients that they continue to borrow and acquiring competitors and investing in business and doing things commensurate with an industry that returned to profitability. they are not hiring which is part of why we talk with ben bernanke about q e 3 and the th
-like employment environment. stuart: okay. wait a minute. >> we're not going down to 5% unemployment. we're just, we're a plow horse for a-- >> okay, they are not cooking the books, that's what you're saying. >> i don't believe they are. i'm not-- >> look, this economy is not great. anybody who says it's great. the problem i've had is that lots of republicans have tried to spin it as so bad if we get a mediocre number it looks better than it is and i think that's why so many people are freaking out this morning, 7.8 is way too high. we have to have 5% unemployment. stuart: brian wesbury, go home to the boys. give them our best. >> all right. stuart: and i didn't give them you a hard time. you tell those lads i did not give him a hard time. >> it was awesome, stu, thank you. stuart: awesome. i've gotten seconds, i do want to know, brian, are you still there. >> all right, all right. stuart: hold on a second, hold on a second. >> i never do that, now that, hold on a second say that. i've gotten seconds. tell me, didn't you raise the odds of going into a recession from 10% to 25% next year, real fa
environment. i don't think it's a sure thing we're going to have a continued recovery, but i think the chances are that we will keep going. connell: martin, thank you again for always coming on us with. dr. martin bailey with us from d.c. thank you, sir. >> thank you. dagen: california gasoline prices hitting another new record high for the state today. $4.66 a gallon. that is up 86 cents from one year ago. and california's governor jerry brown taking emergency action as the state's prices have become -- well, they are the highest in the nation. connell: they certainly are. we go right now with fox news correspondent adam housely in l.a. with the latest. >> dagen and connell, you mentioned 4.66 a gallon or so, you would be hard-pressed to find that price in much of los angeles. in fact right here behind me you can see this gas station 4.99 for regular, 5.19 for premium. just down the street, the gas there is 5.39 for regular unleaded. across los angeles, in fact, i drove down the state yesterday from northern california to southern california, no matter where you drive, you're finding gas pric
next year. are we in an environment where hyperinflation is a threat? >> i think increased inflation is a threat. i think it's going to continue to pitch the consumer. i'm not sure we're going to have hyperinflation. we have not seen that starts to take affected. lori: thank you. >> thank you. lori: fox business alert. bankamerica says it will pay nearly two and a half billion dollars. the 2009 suit stems from the bank's acquisition of merrill lynch. investment save pfa misled them. bankamerica denies the allegation and said the settlement is to make the lawsuit away. and a half% today on the news. up next, you might think you have a perfect credit score, but does your lender agreed? a new report shows there may be a difference between what you think and what you have. we are looking for you and your money next. ♪ ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve
jobs, in a 0 corporate tax rate environment. i say the private sector creates tens of millions of jobs. melissa: we know what you would bring to the table. can you handicap for us what you think the other two guys are going to do tomorrow night? who has got the strength? who has got the weakness? how will it come out? >> let me offer a prediction. either one of them get elected, we are going to find ourselves with a heightened police state. we're going to find ourselves in a state of continued military intervention that has resulted in hundreds of millions of enemies to this country that but for those military interventions would otherwise not exist. and that we find ourselves in a continued state of spending, and debt that are absolutely not sustainable. my prediction. melissa: we know that from polls that you trail both candidates by a pretty wide margin. there is an ad that i'm going to play i've seen aired on various stations that is, i believe it's paid for by a super pac that supports you. it sort of shows, two mad scientists creating a frankenstein type creation. and you're not
yesterday talking about the challenging environment and the year ahead is fix and build. the acceleration 2015 and we see selling down 12 1/2% this week alone. stuart: this is important because hewlett-packard is one of the great names of technology, printers, computers, a range of products, they're one of the greats of american technology and now down to a nine-year low. that's not a happy company. meg whitman runs it and has her work cut out for her. >> she's trying to turn around the company and talking about fix and build and they will have layoffs. everybody was hoping for a lot more, a lot faster and when you see the stock is down just 13% this week, obviously, disconcerting. stuart: can you get the stock price up by chopping away at the work force? very interesting question. nicole, thank you very much indeed. the dow industrials opened 40 points higher the first 90 seconds of business, there you go. gas prices, we bring you this news up only slightly. 3.78 for regular and diesel 4.08. the big story within the gas price arena. california, due to refinery problems there are gas pric
and the environment. we're america's natural gas. gerri: just over a month before the election and now many are crying foul when it comes to media coverage saying there is an obvious bias in favor of the president. what you think, is the media biased? here's what you said, 98% said yes, there is beauty 2% said no. finally, another example of waste fraud and abuse in washington. according to the congressional research service, millionaires are collecting unemployment benefits. nearly 2400 of them, in fact. it is not just millionaires. 950,000 people earning six figures also took home benefits. welfare for the wealthy. getting rid of this mistake may only be a drop in the bucket when it comes to trillion dollars deficit but every little bit counts.
to mind, brinton is in no great shape. i think we have a political environment that has a lack. >> i blame the president for that. i think that we will not be impervious to slowdown the rest of the world. because a good part of our s&p earnings come from overseas. we will not be improving. >> tentative management, by any measurement, not that you're hearing from the economist in their polls, but the deficit is up 300%. national debt is up 70%. unemployment, i agree with, all of the indicators are saying that we are not coming out of the slowdown because they are not solution based. these perilous times -- it doesn't make any sense. there is a degree of arrogance that i find very hard to understand. neil: what are the markets selling us? the trend is their friend and my friend. what he say that? >> i think it is a reflection from whence we came. we had a terrible job in 2000 and 2009. my concern would be, i think, we are more than fully valued here. i think corporate earnings are going to start to wane. i think that we have the risk of a sizable decline in the market. neil: when you say the
and continues to be a very challenging environment. speak of the reason there is no defeat of al qaeda and in afghanistan is because the administration even the last two years of the previous administration not interested in working with civil society to work with the younger generati generation, and unfortunately we are going to withdraw and the taliban will come back and sees as much as they can. ashley: the arab spring, what challenges does it pose with regards to security in the region? >> lebanon is clearly a lost cause, and the israelis are watching. iraq is going the wrong direction, the president has no solution to what is going on with iran contaminating the entire region. we have a policy that is absolutely bankrupt, it is going to lead to far broader problems across that part of the world and also the underbelly of europe. he think we have had it bad, this rate it will get much worse. ashley: all right, thank you so much. they will have much more on the administration's response to libya and afghanistan later coming up with the "a-team." no more bailouts, national debt is ov
about in new york or lower cash minimum-wage for certain employees. much easier environment. dave: you are not beginning new project particularly because of regulations. >> no plans to open up here because of regulations. don't understand what is going on. dave: like what? >> number one is obamacare. we don't understand it and when we ask consultants it costs money and get different answers from different people because no one understands what is going on. because of that i am not going to hire 50 employees because that is $100,000 penalty. dave: if you have less than 50 employees you don't do as much. they don't want to hurt small business but that prevents people from hiring more than 50 people. >> they come up with numbers and think 50 means you are a big business and can withstand any new initiatives they have but it is not based on the number of employees but your bottom line. your profit. >> 50% of small-business owners would not start a business today if they had no what they're getting into with the new regulations. what about you? >> risk purses reward. right now the tables ha
think the numbers are right. 1.3% going forward. for business, for business, it's not a good environment. there's no reason for any businessman out there to want to grow his business, advance his business, hire more people, create more problems. obamacare will be a major problem for business. let me bring something up to you, neil. you asked what i think they should be talking aboutment one of the things that romney should be talking about, which i heard your program yesterday, you were talking about the price of gas, and you said the american people, they got used to it. i'm a retailer. i'll tell you that i lived through cycles. for instance, whenever there was a problem with copper, we had to raise prices in the store for wiring and everything else. if there was a problem in the lumber area, we would have to raise prices because you have to make up for the cost of demand. right now, the price of gas is causing a price increase across the board, and when obama talks about the middle class and protecting the 47%, let's use the 47%, the truth is in retail business, this is has an effect o
. all of this coming after an analyst conference where they talked about a challenging environment and challenging year ahead. back to you. melissa: thank you so much. oil rebounding after dropping almost 5% in the last two sessions. let's get to phil flynn of the price futures group. >> they are getting an awful lot of help to keep pushing these prices higher. first of all caught you have the products exploding today. gasoline rocketing. heating oil rocking. creating a price spike. his comments, the dollar down. the risk entrÉe comes in in a big way. that always helps out the oil market. a nightmare if you have developed your gas tank. melissa: yes. absolutely. what a difference a day makes. lori: a fresh two-week high for the euro against the dollar. let's go to cleveland. reputation hammered over the years. serious revitalization expected from a brand new revenue generated casino. what is the education system is facing problems? liz claman is there live. liz: all of those great new business products and prospects. so much of that has come because of an organization. the partner
growth and friendly, potentially regulatory environment on top of no tax increases, to me, that spells a rest me for 3 to 4% scenario that you talked about. stuart: michelle gerard, don't be such a stranger, i don't get into politics that much with you. thank you, michelle. >> all right, stuart. stuart: and what else we've got for you this tuesday morning, wind energy does not work on a large scale. it's one of the most favored industries in america. a top crrtic of energy subs subsidies, explains that. >> and doctors, many voted for president obama last time and why are they switching their votes, 15% ever are going to switch. voters in michigan will have the chance to give public workers new powers and put it into the state constitution. about that pass? big deal there. and we just got ford motor company sales, they were up 4% that's year over year, 4% gain for the ford motor company and the stock is virtually unchanged. down just 5 cents. we want to hear from you about everything we talk about., is how you reach us. right, tuesday morning, seven early movers.
environment in which both men are now running. connell: it is a crazy number but not necessarily a great number. it is 582,000 of 873. you don't have to say the numbers fudge to. it is not that great a number even on the surface. dagen: if you look at these numbers historically they are all over the place. >> the real number is not the official 8% though politically that will give the president some traction. now we are back to the inherited rate which is 7.8. it is perception but remember the real numbers to take a look at is the new jobs created that number 114,000. that is a pathetic number. if i met romney i go to the american people and say president reagan inherited a huge recession. he had a very dire economic crisis. he did the opposite of what president obama did in terms of cutting taxes and reducing government and deregulating and what his recovery look like, month after month of 500, 600, 900,000, over a million jobs in 1983. dagen: back to the original point, mitt romney has to avoid trying to discredit this number. >> he will not do that. [talking over each other] >> ronny
jobs in this environment. >> moderator: back to the taxes thing for a moment. romney: okay. >> moderator: mr. president? obama: we've had this discussion before. >> moderator: the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. obama: now, governor romney has ruled out revenue. he's ruled out revenue. romney: absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget, but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain, spain spends 42% of their total economy on government. >> moderator: okay. romney: we're now spending 42% of our economy on government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to work with more money in because they're working. >> moderator: but, mr. president, you're saying in other words -- in order to get the job done, it's got to be balanced. obama: if we're serious, w
Search Results 0 to 21 of about 22 (some duplicates have been removed)